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Announced

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BAE Systems completed a €100m investment in Korian.

Synopsis

BAE Systems, a firm that develops, delivers, and supports advanced defense and aerospace systems, completed a €100m ($108m) investment in Korian, a European care services group for elderly and fragile people. This new agreement confirms the group’s capability to leverage its attractive and liquid existing portfolio and to raise equity financing on a regular basis in order to match the real estate investments related to its sustained development momentum, while keeping a prudent loan to value rate.

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